Valuation

Catalog description

Investors, corporate managers, and entrepreneurs confront two main types of financial decisions. The first is whether to invest in a new stock, company, or project. The second is how to fund that investment. These are complex decisions that can result in significant value creation or destruction. To make these decisions it is critical decision makers understand how to value companies and projects alike. To achieve these goals, Valuation adopts a decision-oriented approach. Although we will cover the main learning topics through intermittent lectures, the core of this course will be taught through case studies. Rather than passively learning through lectures, students will actively learn the fundamentals of Valuation by evaluating and improving upon real world business decisions: Should we purchase Peloton stock or not? Should Tottenham Hotspur football club borrow to fund a new stadium? What is the appropriate cost of capital for the firm given its risks and the location of its revenue sources?